Tag: Social Security benefits
The brief’s key findings are: About one quarter of state and local workers are not currently covered by Social Security. Federal standards require that state and local plans provide their noncovered workers benefits equivalent to Social Security at the full retirement age. This study explores whether the plans satisfy the federal standards, and whether t…
Abstract This paper examines the effect of the increase in the Social Security Full Retirement Age (FRA) and the associated decrease in benefits for early claimants on retirement rates at ages 62 to 65. It uses information on age, sex, and labor force participation from the monthly Current Population Survey from 1976 to 2019. Critica…
